It looks like the seller might be from one of the recent raisings.
I wonder how many they have to go?
but in the low 6's we are starting to move towards a decent discount to the upcoming chinese stake being taken up at 8.
I'm sure the seller is selling at a profit - good luck to whoever it is - but to me, when you have a large company taking up a large stake in a smaller firm that provides a new floor for the price.
So at least back to 8 for me in the short term.
MII Price at posting:
6.2¢ Sentiment: None Disclosure: Held
